Ecuador electricity prices
The residential electricity price in Ecuador is
USD 0.097.
The electricity price for businesses is
USD 0.095.
These retail prices were collected in June 2024 and include the cost of power, distribution and transmission, and all taxes and fees.
Compare Ecuador with 150 other countries.
Historical quarterly data, along with the latest update from December 2024 are available for download.
Sources: Agencia de Regulación y Control de Energía y Recursos Naturales no Renovables, Empresa Eléctrica Quito - EEQ, La Empresa Eléctrica Pública Estratégica Corporación Nacional de Electricidad CNEL EP
Electricity price analysis for Ecuador
- Residential electricity prices in Ecuador are 64.13% of the world average electricity price and 72.98% of the average price in South America.
- Business electricity rates in Ecuador are 63.79% of the world average price and 78.67% of the average in South America.
- Household rates are 102.11% of the business rates.
- Electricity prices paid by small businesses in Ecuador are 112.63% of the prices paid by big businesses.
- The price paid by households with low electricity consumption is 121.78% of the price paid by households with high electricity consumption.
The energy mix of Ecuador
Based on the United States Energy Information Adminstration data from 2022, electricity in Ecuador is produced from the following sources: fossil fuels 19.30%,
wind 0.19%,
solar 0.12%,
hydro 80.38%,
nuclear 0.00%, and
geothermal 0.00%.
You can also compare the energy mix of Ecuador to other countries.
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